Features of Sales Management 1.It is a planned proposition of work of personal selling. 2.It deals with the management of sales force personnel.
OBJECTIVES • To generate profitable sales volume • To contribute significantly in the maximization of profit by cost reduction • To ensure sustained growth and long term performance of the firm • To develop corporate image • To bring maximum satisfaction among customers & consumers • To achieve marketing objectives of the firm
Nature and role of sales management
The determination of sales force objective and goals Sales force organization, size, territory, and quota finalization Sales forecasting and budgeting Sales force selection, recruitment, and training Motivating and leading the sales force Designing compensation plan and control systems Designing career growth plans and building relationship
strategies with key customers
Sales Management & Exchange Process Elements of Exchange Process 1.Two or more social units (people or organization) must be involved with wants to be satisfied 2.Each party must